World News

BOGOTA (Reuters) – Colombia on Friday ordered Uber <UBER.N> to cease its ride-hailing operations in the Andean country, effective immediately, after a judge ruled the company violated competition rules. Following a lawsuit filed against Uber by COTECH SA, the Superintendency of Industry and Commerce (SIC) said the U.S. company had breached market rules. Uber has […]

By Katanga Johnson WASHINGTON (Reuters) – The White House is expected to nominate Caroline Crenshaw, a Democratic attorney at the U.S. Securities and Exchange Commission, to fill an SEC seat being vacated next year by Democratic Commissioner Robert Jackson, according to three people with direct knowledge of the matter. Crenshaw currently works as an attorney […]

WASHINGTON (Reuters) – The U.S. Justice Department and Federal Communications Commission filed in court on Friday to support a merger of T-Mobile <TMUS.O> and Sprint <S.N>, the third- and fourth-largest wireless carriers. A group of state attorneys general has asked a judge to stop the $26 billion deal, saying it would lead to higher prices […]

By Andy Sullivan WASHINGTON (Reuters) – U.S. lawmakers who control the fate of President Donald Trump left Washington for a holiday break on Friday with no agreement over how they will handle the Senate trial to consider his impeachment charges in January. Trump, a Republican, stands little chance of being convicted and removed from office […]

By Lawrence Hurley WASHINGTON (Reuters) – U.S. Chief Justice John Roberts is poised to serve a highly visible though largely ceremonial role in the Senate impeachment trial of President Donald Trump due next month. But it is in his day job on the Supreme Court that the mild-mannered jurist could have a bigger impact on […]

By Mathieu Rosemain PARIS (Reuters) – France’s competition watchdog fined Google 150 million euros ($167 million) on Friday for abusing its power over the treatment of advertisers, saying it applied opaque rules and changed them at will. It is the first penalty imposed by the French antitrust watchdog against the U.S. tech company in a […]

WASHINGTON (Reuters) – The Trump administration on Friday said it has finalized a decision to roll back a 2007 rule calling for energy-efficient light bulbs, a move that states including New York and California are challenging in the courts. The administration finalized a proposal made in September to roll back the standard that Congress passed […]

By Pete Schroeder WASHINGTON (Reuters) – A group of five U.S. senators sent a letter on Thursday to JPMorgan Chase & Co., asking it to explain what it was doing to address what they described as “a troubling list of discriminatory practices” related to race. The letter was signed by five prominent Democrats, including presidential […]

By Neha Malara and Munsif Vengattil (Reuters) – Alphabet Inc’s <GOOGL.O> newly instated Chief Executive Officer Sundar Pichai would receive a hefty $240 million in performance-based stock awards over the next three years, the highest ever promised to any executive of the search giant. Pichai would also take home $2 million in annual salary starting […]

By Allison Lampert and Anna Mehler Paperny MONTREAL/TORONTO (Reuters) – A Canadian union is taking the unusual step of pursuing contempt of court charges against Canada’s second-largest railroad, in a previously unreported case that escalates the debate over working hours for railroad employees, according to two sources and legal documents. The Teamsters union argued in […]

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